Middletown, Montgomery County, Ohio Property Taxes

Name: Property Tax Bills Across Middletown, Montgomery County, Ohio
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Middletown, OH effective property tax rate: 2.21%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Middletown, OH home value: $185,940
Median annual Middletown, OH tax bill: $3,395, $995 higher than the national median property tax bill of $2,400.

How are property taxes in Montgomery calculated?

Property taxes in Middletown, OH are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Middletown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Middletown, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Middletown, Montgomery County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.21%

Estimate Property Tax Bill

$4,109

$3,813

Ownwell’s Middletown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Middletown with just two data points.

By entering your property's estimated assessed value, our calculator applies Middletown’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Montgomery.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Middletown, Montgomery County, Ohio

Local government entities determine tax rates, which can significantly differ within a state. Each year, counties estimate their budgets to maintain essential services and divide this by the total value of taxable property in their jurisdiction, resulting in the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is essentially the annual process.

In Middletown, located in Montgomery County, Ohio, the effective property tax rate is notably higher than the national median property tax rate of 1.02%. This places a heavier burden on property owners compared to many other regions in the U.S. When looking at Ohio as a whole, Middletown's rate is among the highest, reflecting the county's budgetary needs and property values.

This comparison highlights the importance of understanding both local and national property tax landscapes. Property owners in Middletown should be aware of these differences, as they can significantly impact annual financial obligations. By staying informed and considering property tax appeal services, homeowners can potentially reduce their tax liabilities and better manage their property expenses.

Property Tax Rates Across Middletown, Montgomery County, Ohio

Source: Ownwell

1.27%

2.33%

3.39%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Middletown Tax Rate

2.21%

Median Effective Montgomery County Tax Rate

2.62%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Middletown, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45042	1.62%	1.97%	2.21%	2.21%	2.23%
45043	N/A	N/A	N/A	N/A	N/A
45044	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Middletown, Montgomery County, Ohio

When examining property taxes in Middletown, OH, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Montgomery County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Montgomery County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Middletown. For example, the median home price in Middletown is $185,940, with tax bills ranging significantly across the county. Zip code 45042 has the highest median home price at $194,950.

Property Tax Assessment Values Across Middletown, Montgomery County, Ohio

Source: Ownwell

$4,930

$124,385

$243,840

Median Middletown Market Value

$185,940

Median Montgomery County Market Value

$98,910

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Middletown, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45042	$94,823	$128,840	$194,950	$251,320	$274,513
45043	N/A	N/A	N/A	N/A	N/A
45044	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Middletown, Montgomery County, Ohio

In Middletown, located in Montgomery County, Ohio, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. The median home price in Middletown is $185,940, with property tax bills varying significantly across the area. For instance, the tax bill at the 25th percentile is $2,715, while those at the 75th and 90th percentiles reach $4,881 and $5,851, respectively. The median tax bill in the zip code 45042 is $3,664, which is notably higher than the national median property tax bill of $2,400. High property taxes can be a financial burden for homeowners, but Ownwell can help alleviate this by providing property tax appeal and exemption services. By reviewing your property’s assessed value and identifying potential discrepancies or opportunities for exemptions, Ownwell can help you save on your annual property tax bill, ensuring you only pay what is fair.

Property Tax Bills Across Middletown, Montgomery County, Ohio

Source: Ownwell

$140

$3,884

$7,628

Median Middletown Tax Bill

$3,395

Median Montgomery County Tax Bill

$2,435

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Middletown, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45042	$1,605	$2,798	$3,664	$4,739	$5,770
45043	N/A	N/A	N/A	N/A	N/A
45044	N/A	N/A	N/A	N/A	N/A

Source: Ownwell